11.05.2015 - Bullion to benefit from likely financial markets volatility
Analysts are unsure as to how gold prices will move next week and expect bullion to take its cues from the financial markets, where any sign of volatility could help boost the metal's safe-haven status. Analysts will be tracking the Bank of England's (BoE) interest rate decision alongside GDP data from the UK, Germany and from the Eurozone next week. They will also be watching retail sales and manufacturing data due out in the US, and the financial markets' reaction to economic data through the week. The yellow metal could also draw support from any unexpected geopolitical event...............................................Full Article: Source
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